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October 13, 2015 4:44 AM ET

Metals and Mining

Company Overview of Oriel Resources Limited

Company Overview

Oriel Resources Limited operates a chrome and nickel mining and processing company. It focuses on the acquisition and development of chrome, nickel, and other alloying commodities in Kazakhstan and the Russian Federation. The company has chromite and nickel mines in Kazakhstan, and an operational ferrochrome smelter in north western Russia. It serves the stainless steel market in the Russian Federation, Asia, and Europe. The company was incorporated in 2003 and is headquartered in London, United Kingdom. As of April 16, 2008, Oriel Resources Limited operates as a subsidiary of Mechel OAO.

1 Red Place

London,  W1K 6PL

United Kingdom

Founded in 2003

754 Employees


44 20 7514 0590


44 20 7514 0591

Key Executives for Oriel Resources Limited

Founder and Director
Age: 55
Chief Financial Officer and Secretary
Age: 60
Resources Director and Executive Director
Age: 54
General Manager of Market Development & Project Evaluation
Age: 69
Compensation as of Fiscal Year 2015.

Oriel Resources Limited Key Developments

OAO Yuzhuralnickel Plant Amends Loan Contract with Oriel Resources Limited

On June 18, 2014 the board of directors of Yuzhuralnickel Plant OAO (the Orenburg region) approved an interested-party deal, an additional agreement to the loan contract as of October 11, 2013, entered into between the company and Oriel Resources Limited (the borrower).

Yuzhuralnickel Plant OAO Approves an Interested-Party Deal with Oriel Resources Limited

On November 26, 2013 the board of directors of Yuzhuralnickel Plant OAO approved an interested-party deal - a loan agreement with Oriel Resources Limited.

South Kuzbass Signs Loan Agreement with Oriel Resources

South Kuzbass OAO signed an interested-party deal - a loan agreement with Oriel Resources (the borrower). The funds will be used for the borrower's day-to-day activities. Term of the deal: through May 18, 2014. The deal value: RUB 1,674,614,850.5. The deal was approved by the Board of Directors on November 19, 2013.

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